MI
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$4,000,000
94 Days On Site
139 Pearl Street NWGrand Rapids, MI 49503
For Sale|Business|Active
0
Beds
16
Total Baths
16
Full Baths
16,812
SqFt
$238
/SqFt
1890
Built
County:
Kent
Listing courtesy of Daniel Kolp of MOXIE Real Estate + Development
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MOXIE is proud to present 139 Pearl for sale. This licensed boutique hotel is strategically located in the heart of Grand Rapids core downtown business district, also known as the Hotel District. Originally comprising 14 long-term apartments and 2 commercial spaces (16 total units),the property has undergone a strategic transformation into a mixed-use building, now approved for short-term transient stays. Featuring high quality finishes with tall ceilings, granite surfaces and in unit washer & dryer, these fully furnished units show well and allow a new owner to capitalize on an already stabilized, high-performing boutique hotel in a rapidly growing market. With Grand Rapids continued expansion, the asset is well-positioned for long term appreciation and increased cash flow.
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Listing Snapshot
Price
$4,000,000
Days On Site
94 Days
Bedrooms
N/A
Inside Area (SqFt)
16,812 sqft
Total Baths
16
Full Baths
16
Partial Baths
N/A
Lot Size
0.1 Acres
Year Built
1890
MLS® Number
25033848
Status
Active
Property Tax
$61,608
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 months ago | Listing first seen on site | |
| 3 months ago | Listing updated with changes from the MLS® |
General Features
Acres
0.1
Cross Street
Monroe
Number Of Stories
4
Property Sub Type
Business
Sewer
Public Sewer
SqFt Total
16812
Utilities
Natural Gas AvailablePhone AvailableCable AvailableNatural Gas ConnectedElectricity Connected
Water Source
Public
Interior Features
Heating
Natural GasForced Air
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Exterior Features
Construction Details
Concrete
Frontage
42.0
Community Features
Financing Terms Available
ConventionalCash
MLS Area
Grand Rapids - G
School District
Grand Rapids
Township
City of Grand Rapids
Schools
School District
Grand Rapids
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Daniel Kolp of MOXIE Real Estate + Development
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, MichRIC MLS.
Last checked: 2025-10-13 05:47 PM UTC
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, MichRIC MLS.
Last checked: 2025-10-13 05:47 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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